Please explain

MANCOSA: ADVANCED APLOMA Financial Position as at 31 December ement of Fine USNESS MANAGEMENT et current assets 2019 2018 2.000 2 40000 1 150 000 10000 91000 430 con 180 100 000 10000 490.000 32003 70000 1910 plant and equipment accumulated depreciation Investments 1320 current assets Inventories Accounts receivable Cash and cash equivalents Total assets Equity and liabilities 2220 000 Equity Ordinary share capital (155 000 shares 1220000 Retained earnings 620 000 Non-current liabilities 600000 Current liabilities 72000 Accounts payable 240 000 Dividends payable 40 000 Income tax payable Total equity and liabilities 2730 000 Note: Dividends paid and recommended during 2019 amounted to 960 000 . All purchases and sales of inventories are on Credit 1120000 2000 500 000 670 000 120 000 56000 50000 15000 1910 000 1201 QUESTION 4 REQUIRED 4.1 4.1.1 4.1.2 4.1.3 4.1.4 41.5 Use the information from Question 3 to calculate the following ratios for 2019 expressed to two decimal places: Inventory turnover Interest cover Net profit margin Return on equity Earnings per share 4.1.6 4.1.7 4.1.8 Dividends per share Acid test ratio Debt to assets 4.2 4.2.1 Refer to the ratios calculated in question 41 and answer the following questions: Will the shareholders be satisfied with their return on investment? Explain will the company be able to pay its short-term debts if inventories are not Why? 4.2.2 PROGRAMME HANDBOOK: JANUARY 2020 INTAKE MANCOSA: ADVANCED APLOMA Financial Position as at 31 December ement of Fine USNESS MANAGEMENT et current assets 2019 2018 2.000 2 40000 1 150 000 10000 91000 430 con 180 100 000 10000 490.000 32003 70000 1910 plant and equipment accumulated depreciation Investments 1320 current assets Inventories Accounts receivable Cash and cash equivalents Total assets Equity and liabilities 2220 000 Equity Ordinary share capital (155 000 shares 1220000 Retained earnings 620 000 Non-current liabilities 600000 Current liabilities 72000 Accounts payable 240 000 Dividends payable 40 000 Income tax payable Total equity and liabilities 2730 000 Note: Dividends paid and recommended during 2019 amounted to 960 000 . All purchases and sales of inventories are on Credit 1120000 2000 500 000 670 000 120 000 56000 50000 15000 1910 000 1201 QUESTION 4 REQUIRED 4.1 4.1.1 4.1.2 4.1.3 4.1.4 41.5 Use the information from Question 3 to calculate the following ratios for 2019 expressed to two decimal places: Inventory turnover Interest cover Net profit margin Return on equity Earnings per share 4.1.6 4.1.7 4.1.8 Dividends per share Acid test ratio Debt to assets 4.2 4.2.1 Refer to the ratios calculated in question 41 and answer the following questions: Will the shareholders be satisfied with their return on investment? Explain will the company be able to pay its short-term debts if inventories are not Why? 4.2.2 PROGRAMME HANDBOOK: JANUARY 2020 INTAKE